The purpose of the Family Business Association is to advance, protect and perpetuate family businesses through representation at the Capitol. The Family Business Association is a California Corporation organized as a not-for-profit with tax exempt status under Section 501(c)(6) of the Internal Revenue Code and approved by the California Tax Board.
For membership purposes, FBA defines a family business as follows:
- Ownership control of a privately held enterprise by members of a family or partnership of families.
- Strategic influence by family members on the management of the firm, whether by being active in management, by continuing to shape the culture, and/or by serving as board members or advisors.
- The desire for continuity and succession across generations.
Any business information you provide to the Family Business Association is maintained and accessible only by the Family Business Association. We will not sell or in any way divulge business information gathered about you or your business.
Founding Memberships remain available for an initial one-time contribution of $10,000. Founding Members are voting members of FBA. All Founding Members remain Founding Members for the duration of their membership but after one year, dues revert to the applicable amount in accordance with the regular dues structure.